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Top 5 Most Trusted Companies In Kenya

1. Safaricom PLC

On telecommunications, Safaricom PLC is by the far the most trusted telcos in the Kenyan market. The giant company owes its success to its reliability on mobile money transfer, voice and messaging services, and eCommerce platforms.

Safaricom was founded in 1997 and over the years has experienced tremendous growth through its superb customer care practices and innovations such as Mpesa. The company employs thousands of employees and its current CEO is Peter Ndegwa.

2. KCB Group

The Kenya Commercial Bank was founded in 1896 as a branch of the National Bank of India. Currently, the bank operates in several East African countries and has assets valued at 1.01 trillion shillings.

Despite economic shocks occasioned by the COVID-19 pandemic, KCB recently posted a kes 15.3 billion half-year profit up from Ksh 7.6 billion in 2020.

In 2020, KCB was the only Kenyan bank that was ranked among the safest banks globally. The study focused on several aspects such as growth, profitability, and laying out strategies of resolution in event of bank failure. KCB’s current CEO is Joshua Oigara.

3. Equity

Equity bank was founded in 1984 as a society for mortgage financing. And despite almost closing shop in 1993 due to insolvency, the bank proved resilient and has since spread its tentacles to Uganda, Rwanda, South Sudan, DRC, and Tanzania.

In Kenya, Equity currently boasts of a whopping 9 million customer base and has been able to attract Kenyans due to its business model of targeting people across all social classes.

The bank recently posted a massive 17.9 billion shillings profits up from 9.1 billion shillings in 2020.

4. Unilever Kenya

The multinational company deals in and distributes common household products that arguably every Kenyan consumes. These goods include Rexona antiperspirant deodorant, Vim scouring powder, Pepsodent toothpaste, Royco, Omo detergent, Sunlight detergent, Geisha soap, and Vaseline petroleum jelly which has penetrated most Kenyan homes.

5. Royal Media Services

The media company was founded in 1999 and has since established itself to be an award-winning media house with 2 television stations and several radio stations most broadcasting in vernacular.

Citizen TV and Radio Citizen command a lion’s share of Kenyan viewers and listeners. As such, the two bagged the most trusted TV and radio news at the Kuza broadcasting awards.

Content created and supplied by: Nyamwaro (via Opera News )

KCB Group Kenya Commercial Bank Peter Ndegwa Safaricom Safaricom PLC

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